PrizePicks’ Post

🚨𝗢𝗛𝗜𝗢 𝗦𝗣𝗢𝗥𝗧𝗦 𝗕𝗘𝗧𝗧𝗜𝗡𝗚 𝗨𝗣𝗗𝗔𝗧𝗘: 𝗝𝗨𝗟𝗬🚨   💰 Sports betting continues to thrive in Ohio, with the state’s 18 sportsbooks reporting revenues of $55.3m - a 48.7% increase from the previous month. 📈 Online and retail operators continued to report double-digit hold of 12%, with FanDuel emerging as the front-runner in the Buckeye State. 💵 Despite the revenue growth, handle fell to $476.9m, which a year-low for the second consecutive month. 🇺🇸 Since July figures were published, SuperBook Sports and Betfred have exited the Ohio market, taking the total number of operators to 17. 🏆 Looking to dominate the US market? Operating across 17 states, we provide the only true end-to-end solution on the market. 🚀 Don't miss out – contact sales@amelco.co.uk or Brandon Walker to learn more! 📥 #Amelco #TechnologyInPlay #Sportsbook #iGaming

There are many battles taking place in the gambling industry (all that's missing is someone yelling Worldstar into a shaky phone video). And that's the theme of today's newsletter. https://lnkd.in/ecJJYGA2 First up is the latest on Missouri's sports betting ballot initiative. I also dive into California and how tribes are being wooed by the big commercial operators and B2B suppliers. I also examine another division in the industry: sweepstakes, which is becoming among the most contentious issues. Thanks to today's sponsors: Sporttrade, Underdog, and OpticOdds Assists from Legal Sports Report, Eilers & Krejcik Gaming, LLC, Mike Seely, SBC Americas, Chris Grove, Howard Glaser, Dillon Borgida

🔥 The numbers are in!! 🏈🎉 In just its opening month, North Carolina's sports betting market saw an impressive spend of over $52 million! 📈 This booming start showcases the immense popularity and potential of sports betting in the Tar Heel State. 🌟 The launch has been a hit with sports enthusiasts and bettors alike, contributing significantly to the state's revenue. With this promising beginning, it's clear that sports betting is not just a passing trend but a thriving industry ready to flourish. 🚀 As more states continue to legalize sports betting, we can expect this growth trend to expand nationwide. So, stay tuned for more exciting updates as other states join the game! 🌐 Let's celebrate the success of North Carolina's sports betting and look forward to a future filled with more opportunities and excitement! 🎉🥳 #SportsBetting #NorthCarolina #Growth #FutureIsBright https://lnkd.in/gJpTn8mi

We explore the dynamic landscape of New York's sports betting industry as it embarks on Fiscal Year 3 with robust growth and record-breaking handles. With new entrants shaking up the market and continued strong state returns, the future looks promising for operators and bettors alike. Dive into our latest article to see how the industry is evolving and what opportunities lie ahead. #SportsBetting #NewYork #IndustryGrowth #MarketTrends https://lnkd.in/gNgJQpyW

Today Feld Entertainment and MX Sports Pro Racing, Inc. announced an alliance with ALT Sports Data, Inc. for exclusive global sports betting data rights. This agreement will enable legal and official sports betting on the entire SMX World Championship Series, including Monster Energy AMA Supercross, Pro Motocross, and the SMX World Championship Playoffs. #sports #sportsbetting #DFS

Big thanks to Benjie C., Joshua Pearl and Lloyd Danzig for their time and insights with this one, taking a closer look at the current state of the US sports betting market https://lnkd.in/eJCpTbU3

Betfred is continuing the downsizing of its American business, which is in line with the company’s earlier announcements. The operator has now confirmed that it will leave Arizona before the end of the year. On Thursday, Betfred said that it will exit Arizona’s mobile sports betting market on November 4. This marks yet another step in the company’s gradual exit from US markets, prompted by suboptimal performance. Arizona, which launched mobile betting a few years ago, was expected to be one of America’s top betting markets. However, as leading brands continue to dominate the overall sector, smaller brands struggle to achieve sufficient profitability. In fact, Betfred is the fourth mobile sports betting operator to exit Arizona in 2024 alone. Read the full article ➡ https://lnkd.in/drAmQ5wd #business #usa #gambling #gamblingnews #sportsbetting

March Madness has once again highlighted the thriving sports betting industry in New York, setting new records for sportsbooks. However, the aftermath has intensified the debate on the need for stricter regulations amidst recent betting scandals. As professionals in the sports and legal industries, how do we balance growth with integrity? Let's discuss the future of sports betting. #SportsBetting #MarchMadness #Regulation #SportsLaw https://lnkd.in/dpUp3EGb